It's not likely that a country will specialize completely in one good even if it has a lower opportunity cost because
A)Comparative advantage is not a workable concept in the world economy.
B)Opportunity costs increase as more of a good is produced.
C)The country would want to save some of the good for its own citizens.
D)The country would end up inside its production possibilities curve.

Question

Quizplus · Accepted Answer

Opportunity costs increase as more of a good is produced, which means that at some point, it becomes more costly for a country to continue specializing in one good. Additionally, the country may want to diversify its economy to reduce risk and uncertainty.

It's Not Likely That a Country Will Specialize Completely in One